Saudi Arabia, Bahrain cooperate in the field of combating money laundering

Saud Al-Mojeb, the Attorney General, and his Bahraini counterpart, Dr. Ali bin Fadhel Al-Buainain, signed a memorandum of cooperation aimed at enhancing joint coordination in the field of combating original crime, terrorism, its financing, and money laundering, including its organized and advanced forms.

The memorandum aims to exchange information and expertise related to the systems and laws in force in both countries, in addition to enhancing research and practical cooperation through holding joint studies, organizing training courses, seminars, and conferences that highlight challenges and solutions in these vital areas.

The memorandum also includes exchanging visits between the two sides to deepen dialogue and cooperation on topics of common interest. The two parties stressed the importance of working together to develop innovative and effective mechanisms to combat emerging crimes, which contributes to enhancing regional security and stability.

This memorandum comes within the framework of the Saudi Public Prosecution’s keenness to strengthen relations with Arab brothers and expand the horizons of judicial cooperation, in order to achieve prompt justice and contribute to confronting the common challenges resulting from organized crimes, terrorism, and money laundering.